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here now is democratic strategist steve mcmahon. and then cnbc contributor geoff jennifer rubin, author of the "washington post" right turn blog. jennifer was it a game changer for the whole presidential race? >> it potentially can be. what has to happen now romney has to build on that day after day. the difficulty they've had, this was true in the primary as well, they have a few good days and then they get off message or they fumble the ball a little bit. if they can string together one good day after another they only have to do it 33 more times they can get it done. >> growth, jennifer. growth, tax reform, lower the base, broaden the base, jobs. he had the kudlow script last night. >> he did. what is so telling is that the president is so thrown off balance he's insisting that romney has changed his plan because he wasn't giving the obama talking points. >> well now hold on. >> the democrats have mischaracterized romney's plans up the ying yang. so when he comes forward and tells what his plans are it's a shock. they think he's
here now is democratic strategist steve mcmahon. and then cnbc contributor geoff jennifer rubin, author of the "washington post" right turn blog. jennifer was it a game changer for the whole presidential race? >> it potentially can be. what has to happen now romney has to build on that day after day. the difficulty they've had, this was true in the primary as well, they have a few good days and then they get off message or they fumble the ball a little bit. if they can string...
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steve says they are basically a reset moving forward in watching the numbers tighten with momentum, the wind at his back. >> let me tell you something, thomas, this morning is a good morning to be a romney supporter. yes, i definitely think that mitt romney came back swinging and completely reset the election and gained new momentum and enthusiasm and did an incredible job last night and i have never been more proud of him. >> ron, ed schultz told me liberals are emotional and disappointed that the president was not more aggressive. and others say this is equivalent of the rnc convention, a big lackluster. >> he was a bit off his game. it's a bit like watching the team going into the fourth quarter and they start playing defense. they don't try to win anymore. if you don't try to win in politics, you're losing. president obama strangely enough led tior let time after time pa, i don't have a tax plan that costs $5 trillion. time after time mitt romney came out with the real whoppers and president obama just kind of let it go. he's going to have to change that dynamic in the next debate.
steve says they are basically a reset moving forward in watching the numbers tighten with momentum, the wind at his back. >> let me tell you something, thomas, this morning is a good morning to be a romney supporter. yes, i definitely think that mitt romney came back swinging and completely reset the election and gained new momentum and enthusiasm and did an incredible job last night and i have never been more proud of him. >> ron, ed schultz told me liberals are emotional and...
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. >> joining us now is steve boykin and anne cornbluth and steve deyes. the president out at that rally seemed more enthusiastic. he said that was not the real mitt romney who showed up at the debate last night. so the question to you, was it the real president obama who showed up last night? >> great question, because the president obama at that rally is not what i saw on the debate stage last night. one lingering question in my mind and i even tweeted it in real time. did he know he was on a split screen the entire evening? because style matters, tamron, and the substance -- you know the fact finders are already having a field day on. stylistically he lost the debate. he looked dmismissive and troubled to be there. the president did not respond in kind the way he did in the rally today. >> anne a lot of people are saying all of you folks talking about style and the body language are missing the point. this was supposed to be about substance, and that goes so far because you have the president today saying who is the real mitt romney. the question is for
. >> joining us now is steve boykin and anne cornbluth and steve deyes. the president out at that rally seemed more enthusiastic. he said that was not the real mitt romney who showed up at the debate last night. so the question to you, was it the real president obama who showed up last night? >> great question, because the president obama at that rally is not what i saw on the debate stage last night. one lingering question in my mind and i even tweeted it in real time. did he know...
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let me go to steve on that. isn't there a little shame in his eyes when he cease these kids coming back dismembered? why aren't we doing that. my father, me, brothers, nobody. it never occurs to them to join the mill tear. i didn't believe in the vietnam war but i wasn't out there protesting for the war like he was at stanford. he was one of the guys out there protesting the protesters against the war and yet he never thought for a second, hey, wait a minute, this means i should fight the war. where is the shame? >> he's not setting priorities. he doesn't have a sense -- >> other priorities. i'm sorry, steve. >> i was thinking rather than democrats critiquing mitt romney, what would two serious presidential strategists like george h.w. bush or a richard nixon, i think nixon would be turning over in his grave and i bet bush is grimacing because these were serious guys dealing with tectonic forces that were huge and they knew what the risk to the country were, and they moderated. not everyone would like me attribu
let me go to steve on that. isn't there a little shame in his eyes when he cease these kids coming back dismembered? why aren't we doing that. my father, me, brothers, nobody. it never occurs to them to join the mill tear. i didn't believe in the vietnam war but i wasn't out there protesting for the war like he was at stanford. he was one of the guys out there protesting the protesters against the war and yet he never thought for a second, hey, wait a minute, this means i should fight the war....
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Oct 6, 2012
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one is the jack welch side, the steve forbes, the people who are promulgating this conspiracy. the others are the folks who are serious economists. you talk to jared bernstein on the left. but douglashall john mccain's former policy adviser says the same thing in a story this morning. elaine child the former george w. bush's labor secretary said the same thing. so serious republicans who understand that these are two totally different surveys, they sort of understand the process and the way bls works there's not really a conspiracy here. >> can i ask you? you've been around d.c. for a long time. has anyone ever questioned this number, any reason to be suspicious of the integrity of it? >> i don't think so. you heard what jared said earlier. you heard what all the other folks say. i love that little line that jared had that they don't let the jan tors take out the garbage until after the numbers are released. it's funny. remember last month when the rather weak unemployment numbers came out, president obama knew them, knew what the numbers would be when he was giving a speech at
one is the jack welch side, the steve forbes, the people who are promulgating this conspiracy. the others are the folks who are serious economists. you talk to jared bernstein on the left. but douglashall john mccain's former policy adviser says the same thing in a story this morning. elaine child the former george w. bush's labor secretary said the same thing. so serious republicans who understand that these are two totally different surveys, they sort of understand the process and the way bls...
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thank you, mark mckinnon, steve, too. tonight it's 10:00 eastern watch a special friday night campaign edition of "the last word" with lawrence o'donnell. 10:00 eastern on msnbc, the place for politics. ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ >>> well, guess who showed up at a mitt romney campaign event in be aington, virginia, today? yep, big bird himself. the obama campaign was happy to point out that a guy in a big bird suit was in attendance today carrying a sign that said, crack down on wall street, not sesame street. pretty good stuff. we'll be right back. online outfit piccolo headphones buy now broadway show megapixels place to sleep little roadster war and peace deep sea diving ninja app hipster glasses 5% cash back sign up to get 5% everywhere online through december. only from discover. flavor, meet food. it's t
thank you, mark mckinnon, steve, too. tonight it's 10:00 eastern watch a special friday night campaign edition of "the last word" with lawrence o'donnell. 10:00 eastern on msnbc, the place for politics. ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ >>> well, guess who showed up at a...
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Oct 2, 2012
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steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political machine in essex county supported james. who was re-elected in. >> i admire bill, but there is nothing in the constitution that says we have a right to have illegal elections. >> i'm not advocating in any way someone who has the right to vote voting one, two, three times. >> in mississippi, come on it is wrong. >> and this is the effort that. >> if you had a voter id requirement it would be hard to keep voting the dead multiple times. >> come on larry, nobody is advocating that. >> i think the elect tore is hop e honest. i went through a situation where m
steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political...
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. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each other or we must die. >> vote or die, pretty relevant. >> john: but pretty unfair. >> he worked on the bush campaign that ran this ad consoling 9/11 victims. >> i took ashley in my arms and embraced her. it was that moment we saw her eyes fill up with tears. >> you are playing this music and we are supposed to vote for this guy because she tears up. >> that is exactly what they did. the ad aired in ohio and it was pivotal. >> john: this ad also was aired. >> more men and women will go to work than ever before in our history. >> i see this ad coming on television. it's this farmer and beautiful pasture. they put their hands over the h
. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each...
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i'm joined by ed schultz, reverend al sharpton, chris hayes, and steve schmidt. lawrence o'donnell will be our man in the spin room tonight. and the one and only chris matthews is at the university of denver, which is the site of tonight's debate. chris, i've been watching you this past hour. i can sense the excitement that you feel, that i feel as well. i mean, it is a big night when these candidates speak at their conventions, but tonight the tv audience for this debate could be almost twice the size as the convention audience. just a huge night. what are each of these guys thinking they need to do tonight? >> well, i think obama's the one i'm focused on, the president. because everybody's been talking about, it's romney's big chance, it's romney's opportunity, blah, blah, blah. suppose obama goes on the attack tonight. suppose he surprises everybody and doesn't play defense. he doesn't try to handle his opponent and clinch, that he really goes and tries to put him away. and i think that's the significanti i significanting question. how does romney deal with th
i'm joined by ed schultz, reverend al sharpton, chris hayes, and steve schmidt. lawrence o'donnell will be our man in the spin room tonight. and the one and only chris matthews is at the university of denver, which is the site of tonight's debate. chris, i've been watching you this past hour. i can sense the excitement that you feel, that i feel as well. i mean, it is a big night when these candidates speak at their conventions, but tonight the tv audience for this debate could be almost twice...
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so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make one at home with things you have lying around the house. you're going to need a blank piece of paper, some paper clips, a few grabs, a stapler, a stick of gum, some scissors, and a hammer. so let's get started. take your blank piece of paper and make a fold. take one of your paper clips and just clip it like so. like this. make another fold and take a grab, make a puncture, bend the brads back like this. take another fold, take your stapler, give it a punch or two like this, maybe one more fold, use your stapler. a good stapler is always handy. then you're going to take your stick of gu
so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make...
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Sep 30, 2012
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the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was criticism, bumps in the road, where was the criticism in that comment? >> i think the wave in change and in the wave the change there is going to be bumps in in the road. i don't think he meant to suggest and most people did not interpret that the death of four american officials is a bump in the road. but there was so much in that 60 minutes interview, his calling netanyahu insistence on red line noise, there could have been so much followed up and wasn't. i'm really surprised. >> rick: when governor romney delivered his initial response after the attack on consulate in benghazi he was ganged up by the media. they coordin
the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was criticism, bumps in the road, where was the criticism in that comment?...
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many people knew that about steve. and robert you just look at him and go, yep, that's steve. >> what do you want to do when you grow up? >> i'd like to carry on in my dad's footsteps and keep the zoo going. >> and 14-year-old bindi agrees. >> if one man can make a difference, you can make a difference, we can all make a difference. >> reporter: for "today," sarah james, nbc news, australia. >>> and coming up next, the legendary julie andrews and her daughter emma are here about their new book. [ male announcer ] in a world where breakfast has become boring and tasteless... only one man can save the day. ♪ ♪ he's nutty! ♪ he's crunchy! [ male announcer ] it's crunchy nut! honey sweet flakes with nuts in every bite! ♪ he saves the day! ♪ in his tasty way! ♪ ♪ he is the crunchy nut! [ male announcer ] kellogg's crunchy nut. it's super delicious! will: [ inner voice ] where am i living? the only place i can afford. here it is, just like you left it. will: [ inner voice ] okay, i was smart enough to notice th
many people knew that about steve. and robert you just look at him and go, yep, that's steve. >> what do you want to do when you grow up? >> i'd like to carry on in my dad's footsteps and keep the zoo going. >> and 14-year-old bindi agrees. >> if one man can make a difference, you can make a difference, we can all make a difference. >> reporter: for "today," sarah james, nbc news, australia. >>> and coming up next, the legendary julie andrews and...
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i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for romney. i think it's an objective -- it may be theater, but this is a major campaign event of the entire cycle. maybe the major campaign event treated as a lesson in information or education. it was a campaign event and both sides went at it to win and one side won. i go back to a couple of points. romney was able to get away with something things tonight that he's not been consistent on. he said if you have a preexisting condition and continuous health care coverage, you would be covered. tonight he said anybody with a preexisting condition, you would get coverage. he's also said that if yo
i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for...
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to eliminate funding for the show and all public broadcasting. celebs were lighting up the stooer. bill maher said, i can't believe i'm saying this, but obama looks like he needs a teleprompter. eva longoria said i'm in new zealand watching the debate. obama is killing it on health care. both need to speak slower. a nonpolitical bush weighed in. nfl running back reggie bush said romney was aggressive at times and won the debate but i think obama will be reelected as president. >>> jetblue is offering american who is might be upset about their candidates defeat a chance to follow through on threats to leave the countr
the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to...
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let me bring in steve schmidt who is a senior strategist. what's your overall assessment? >> i think it was a great night for mitt romney. i think the doom and gloom that's been hanging over the romney campaign, republicans in general has lifted tonight. i think that the democratic advance which began literally a month ago when clint eastwood walked out on stage ended tonight. i think the race is going to tighten. i think mitt romney was in command of this from the beginning. i'm not sure that he lost an exchange during the entire debate. a startling performance in my view and just the context of how good mitt romney was tonight. >> i thought that in terms of individual exchanges i think what may have been most notable, there wasn't i think a single direct attack against mitt romney from president obama. however, they substantively dealt with policy matters. >> he was looking down tonight. he was passive. he was abstract in his answers. mitt romney was talking about real people, giving real examples. i thought he was clear. he was concise. i think the president was muddled
let me bring in steve schmidt who is a senior strategist. what's your overall assessment? >> i think it was a great night for mitt romney. i think the doom and gloom that's been hanging over the romney campaign, republicans in general has lifted tonight. i think that the democratic advance which began literally a month ago when clint eastwood walked out on stage ended tonight. i think the race is going to tighten. i think mitt romney was in command of this from the beginning. i'm not sure...
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. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple opportunities to press romney and be specific on the math and present the math to people to make them understand. he missed the opening and i think crystal is right. when you look at how joe biden has conducted himself in the past. one of the big reasons he is on the ticket in the first place is how well he performed in the last debates. he made a strong impress on democrats and the obama campaign. if you go way back in history for joe biden that campaign ended. but in the early going in the spring and summer that year, he had a reputation for being a powerful performer for performing well that summer. but you k
. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple...
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and former strategist for the mccain campaign, steve schmidt joins us. first bill karins with a check on the forecast. >> good morning to you, mika. it's a long winter in fargo and north dakota. but a snowstorm on october 4th is bad by their standards. this is a picture from the webcam. that snow accumulating on the ground. the sun is trying to come up. at least getting brighter. the heavy band of snow is going to push through northern minnesota. right over fargo, too. temperatures are borderline there. hopefully the interstate isn't too bad for the morning trip. we have rain through new england. the least thing we're thinking about is cold air and snow. it's warm and humid. temperatures in the 70s and 80s today. but we will be ducking in and out of the showers. minor airport delays are possible. look at the htemperatures. 84 with mostly cloudy skies. we have two more warm days and this weekend things will significantly cool off on the east coast. on sunday highs in the 50s and 60s. beautiful weather for your thursday in the deep south. chicago, 75 today
and former strategist for the mccain campaign, steve schmidt joins us. first bill karins with a check on the forecast. >> good morning to you, mika. it's a long winter in fargo and north dakota. but a snowstorm on october 4th is bad by their standards. this is a picture from the webcam. that snow accumulating on the ground. the sun is trying to come up. at least getting brighter. the heavy band of snow is going to push through northern minnesota. right over fargo, too. temperatures are...
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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steve, does he have a point? >> no. what's the old saying? that dog won't hunt. i don't think you can criticize barack obama on his foreign policy achievements. it's a tough world out there. it's complicated. things don't always happen the way we want them to, but they have done a terrific job of handling very difficult situations. they killed osama bin laden. i think they have a record to stand on that the president can proudly go to the debates and argue with mitt romney about what he's going to do about some very difficult situations overseas. >> gentlemen, good to see you. thank you. >>> there is new violence that we told you about in afghanistan. a suicide bomber killed 14 people including three american soldiers in the volatile eastern khost province. nbc's richard engel joins me from kabul with the latest. i understand the taliban is claiming responsibility for the attack? >> the taliban says it was responsible for this. a suicide bomber walked up to an american patrol. it was americans who were walking joint patrol with afghan police as actually this amer
steve, does he have a point? >> no. what's the old saying? that dog won't hunt. i don't think you can criticize barack obama on his foreign policy achievements. it's a tough world out there. it's complicated. things don't always happen the way we want them to, but they have done a terrific job of handling very difficult situations. they killed osama bin laden. i think they have a record to stand on that the president can proudly go to the debates and argue with mitt romney about what he's...
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steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not getting hurt, but then get out of the way and let businesses compete, not continue to change the rules of the game once you're into the game, not continue to issue regulation after regulation. that is the regulation. second is taxation. america's taxed as the highest rate in the world. there's loopholes, and peek talk about it. the extraordinary rates drive investments overseas and diminish job creation here in the u.s.. we have over $2 trillion in cash sitting on balance sheets of u.s. corporations. taxation is an important area the government needs to lower and level the playi
steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not...
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program. is it your opinion, the opinion of the u.s., that the europeans are following through on their latest set of commitments when it comes to solving their financial crisis? >> well, you're right, they've made a series of very important commitments over the course of the summer and into the fall. they are much better prepared. they have a set of tools that can help governments like spain continue to access the markets at affordable rates while they continue making these very challenging reforms. we have seen a number of developments in spain in recent days. we have seen a budget come out that continues to
today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program....
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for wednesday starts now. >> steve: yeah, that was not probably the song that would stick in my head. >> brian: you played along well. we don't know what's stick as soon as there. >> steve: with martha it's probably by one of the carpenters. >> martha: the one where we're never going to ever, ever get back together. >> brian: i hope this is a breakout hit because she's been struggling, taylor swift. can she -- everything she does becomes number one. america is drunk with taylor swift. >> steve: isn't she dating that 18-year-old kennedy kid now? >> brian: right. >> martha: s
>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for...
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steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >> we had been riding -- writing issues with radical islam and a f.b.i. act said do you understand you have a terrorist compound of islamic muslim training about 30 miles from your office, so you better be careful with what you're doing. that's how we became interested. >> steve: i understand a guy who was recruited out of prison to -- and wound up living with the people at the terror training camps who was working with the nypd, came up to you and he goes, look, i got to tell you the story because if people knew what was going on here, they'd be horrified. >>
steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >>...
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. >> we have steve schmidt on yesterday. steve schmidt would call me during the 2008 campaign. and it used to drive him crazy, and the mccain campaign crazy, about how arrogant the obama team was. he was, like, they don't respect us at all. he'd go, why -- you know, they don't think we have anything. and that was the attitude that they set forth. and i've just got to believe also there was a huge level of overconfidence going into that romney debate. kind of like the dukakis team had in 1988, that they were the smartest people on the planet, and they looked down on the waters and the great unwashed, and i think maybe he was in shock that mitt romney came out and was effective as he was. >> or maybe they felt and maybe rightfully so, they didn't really need the debate as much as they thought they did. >> maybe they listened to donny. >> but i want to know, mark halperin, what you meant by mitt romney, who he was during the debate versus the mitt romney that the president might have been practicing against of the past few months or past few years. what are the differences? >> he
. >> we have steve schmidt on yesterday. steve schmidt would call me during the 2008 campaign. and it used to drive him crazy, and the mccain campaign crazy, about how arrogant the obama team was. he was, like, they don't respect us at all. he'd go, why -- you know, they don't think we have anything. and that was the attitude that they set forth. and i've just got to believe also there was a huge level of overconfidence going into that romney debate. kind of like the dukakis team had in...
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zuckerberg is friendly with apple's ceo tim cook and was inspired by apple's late founder, steve jobs. >> what was the thing that you observed about steve jobs that makes a difference in your life as a corporate executive every day? >> i mean, he was just so focused right? for him the user experience was the main thing that mattered the only thing that mattered. and i think that there is a lot that every company can learn from that. >> last weekend, apple sold about 5 million of their new iphone 5s. did you buy one? >> tim sent one to me. >> you got a freebie? you didn't have to pay anything? are you an iphone 5 user? >> i think i handed my phone before this interview. but i use all of them. right? so i'm -- >> are you just not playing favorites here? >> if you think about it, iphone is a great platform. there are more people who use facebook on android. it's a diverse ecosystem and we build for all of the things. >> the place where facebook does its building is the former sun microsystems complex near san francisco bay. from high above you can see the word hack imprinted on the walk
zuckerberg is friendly with apple's ceo tim cook and was inspired by apple's late founder, steve jobs. >> what was the thing that you observed about steve jobs that makes a difference in your life as a corporate executive every day? >> i mean, he was just so focused right? for him the user experience was the main thing that mattered the only thing that mattered. and i think that there is a lot that every company can learn from that. >> last weekend, apple sold about 5 million...